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Allied Completes Acquisition From Choice Properties of Urban Office Portfolio

Globe Newswire - Thu Mar 31, 2022

TORONTO, March 31, 2022 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) announced today that it has completed the acquisition from Choice Properties Real Estate Investment Trust (“Choice Properties”)(TSX:CHP.UN) of an urban office portfolio that expands Allied’s operating capability in Montréal, Toronto and Vancouver. For the benefit of its constituents, Allied has published its preliminary vision for accelerating the transformation of the portfolio to serve knowledge-based organizations better and more profitably. The vision document is now available on Allied’s website.

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